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MIRA INFORM REPORT
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Report No. : |
502990 |
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Report Date : |
17.04.2018 |
IDENTIFICATION DETAILS
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Name : |
ROLLOMATIC SA |
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Registered Office : |
Rue Des Prés Bugnons 3, 2525 Le Landeron/NE, Switzerland/CH |
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Country : |
Switzerland |
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Date of Incorporation : |
1953 |
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Com. Reg. No.: |
645.1.009.467-2 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
The company engages in the
development and manufacture of high-precision CNC machines for grinding
cutting tools, circular grinding and laser machining of very hard materials.
The company supplies customer-oriented complete solutions for the production
of precision tools, starting with the profiling of the grinding wheels, up to
the measurement of the finished tools. Products and offerings are tool loops,
circular loops, laser processing, software, peripheral products and
human-like robots. |
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No. of Employees : |
180 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
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Country Name |
Previous
Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Switzerland |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
SWITZERLAND - ECONOMIC OVERVIEW
Switzerland, a country that espouses neutrality, is a prosperous and modern
market economy with low unemployment, a highly skilled labor force, and a per
capita GDP among the highest in the world. Switzerland's economy benefits from
a highly developed service sector, led by financial services, and a
manufacturing industry that specializes in high-technology, knowledge-based
production. Its economic and political stability, transparent legal system,
exceptional infrastructure, efficient capital markets, and low corporate tax
rates also make Switzerland one of the world's most competitive economies.
The Swiss have brought their economic practices largely into conformity
with the EU's to gain access to the Union’s Single Market and enhance the
country’s international competitiveness. Some trade protectionism remains, however,
particularly for its small agricultural sector. The fate of the Swiss economy
is tightly linked to that of its neighbors in the euro zone, which purchases
half of Swiss exports. The global financial crisis of 2008 and resulting
economic downturn in 2009 stalled demand for Swiss exports and put Switzerland
into a recession. During this period, the Swiss National Bank (SNB) implemented
a zero-interest rate policy to boost the economy, as well as to prevent
appreciation of the franc, and Switzerland's economy began to recover in 2010.
The sovereign debt crises unfolding in neighboring euro-zone countries,
however, coupled with economic instability in Russia and other eastern European
economies drove up demand for the Swiss franc by investors seeking a safe-haven
currency. In January 2015, the SNB abandoned the Swiss franc’s peg to the euro,
roiling global currency markets and making active SNB intervention a necessary
hallmark of present-day Swiss monetary policy. The independent SNB has upheld
its zero interest rate policy and conducted major market interventions to
prevent further appreciation of the Swiss franc, but parliamentarians have
urged it to do more to weaken the currency. The franc's strength has made Swiss
exports less competitive and weakened the country's growth outlook; GDP growth
fell below 2% per year from 2011 through 2017.
In recent years, Switzerland has responded to increasing pressure from
neighboring countries and trading partners to reform its banking secrecy laws,
by agreeing to conform to OECD regulations on administrative assistance in tax
matters, including tax evasion. The Swiss government has also renegotiated its
double taxation agreements with numerous countries, including the US, to
incorporate OECD standards.
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Source
: CIA |
Company name
ROLLOMATIC SA
Operating address
Rue Des Prés Bugnons 3
2525 Le Landeron/NE
Switzerland/CH
Telephone: +41
327521700
Fax: +41 327521717
Web site: http://www.rollomatic.ch
E-mail: info@rollomatic.ch
WIN No.: CH0003864382
VAT-No.: CHE-116.311.819 TVA
UID-No.: CHE105403297
Profile
Established: 1953
History: 2000: Limited Company
1953: Established
from Francis Rollier
Line of Business: Machinery
Industry Division: Manufacturing
Industry-code (NACE): 2841 Manufacture
of metal forming machinery
Import/Export: Export
Export sales: 95,0%
Banks: UBS Ltd
Operational Figures
Coverage: Company
Figures: estimated
Financial year: 2017
Employees: 180
Sales: CHF 40-60 Mio
Activity
The company engages in the development
and manufacture of high-precision CNC machines for grinding cutting tools,
circular grinding and laser machining of very hard materials. The company
supplies customer-oriented complete solutions for the production of precision
tools, starting with the profiling of the grinding wheels, up to the
measurement of the finished tools. Products and offerings are tool loops,
circular loops, laser processing, software, peripheral products and human-like
robots.
The company has a
production plant of 12,000 m² in Le Landron.
Operations and Branches:
At the address, rue des
Prés Bugnons 3, 2525 Le Landeron, Switzerland, we find office of the company.
Real Estate
Real Estate: The company owns buildings.
Area: 12,000 m2
Company Register
Company No: 645.1.009.467-2
UID-No.: CHE105403297
Legal form: Company Limited by Shares
Registration: 09.02.2000
Legal status: active
Responsible Register: Registre du commerce du canton de Neuchâtel
History: Date of Statutes: 18.07.2001
Date of Incorporation Statutes: 17.12.1999
Entry Deleted Name
09.02.2000 Rollomatic SA
Entry Deleted Legal
domicile
09.02.2000 Le Landeron, Switzerland
Entry Deleted Address
03.11.2016 Rue
des Prés Bugnons 3, 2525 Le Landeron/NE, Switzerland/CH
06.05.2002 03.11.2016 Rue des Prés Bugnons, 2525 Le
Landeron/NE, Switzerland/CH
09.02.2000 06.05.2002 Chemin des Coteau 41, 2525 Le
Landeron/NE, Switzerland/CH
Entry Deleted Capital
09.02.2000 Share Capital CHF 2,000,000,
paid up CHF 2,000,000
Entry Deleted Capital
Structure
13.08.2001 2,000,000 Registered shares
with restricted transferability of CHF 1.--
Official Administration
Title Name
President, Director Rollier, Michel
Citizen: La Neuveville, Switzerland
Residential address: Le Landeron, Switzerland
single signature
Registered since: 09.02.2000
Director Dick , Jean-Marc
Citizen: Grossaffoltern, Switzerland
Residential address: La Neuveville , Switzerland
joint signature of two
Registered since: 27.02.2018
Director Frôté, François
Citizen: Miécourt, Switzerland
Residential address: La Neuveville, Switzerland
joint signature of two
Registered since: 09.02.2000
Director Marty
, Jean Charles Yves
Citizen:
La Neuveville, Switzerland
Residential address: La Neuveville, Switzerland
joint signature of two
Registered since: 27.02.2018
Director Uebelhart, Philippe
Citizen: Welschenrohr, Switzerland
Residential address: Neuchâtel, Switzerland
joint signature of two
Registered since: 24.05.2004
Management
Title Name
Director Frôté , Gilles
Citizen: La Neuveville, Switzerland
Residential address: La Neuveville, Switzerland
joint signature of two
Registered since: 05.04.2018
Director Queloz , Cédric Michael
Citizen: Saint-Brais, Switzerland
Residential address: Boudry, Switzerland
joint signature of two
Registered since: 05.04.2018
Director Uebelhart,
Philippe
Citizen: Welschenrohr,
Switzerland
Residential address: Neuchâtel, Switzerland
joint signature of two
Registered since: 24.05.2004
Director Wunderlin , Damien
Citizen: Zeiningen, Switzerland
Residential address: La Neuveville , Switzerland
joint signature of two
Registered since: 05.04.2018
Member with procuration Piaget, Grégory
Citizen: La Côte-aux-Fées,
Switzerland
Residential address: Milvignes, Switzerland
joint power of attorney of two
Registered since: 19.06.2013
External Positions
Title Name
Auditor Fiduciaire
Muller Christe & Associés SA,
Residential address: Neuchâtel, Switzerland
Id: CHE-102.217.166
Registered since: 20.09.2016
Executive board
Title Name
Chief Executive Officer Rollier, Michel
Ultimate Parent Company
Name: Rollomatic Holding SA
City/Country: Le Landeron/NE, Switzerland/CH
Direct owner/-s
No. of owner/-s: 1
Owner: The company is domestic owned.
Class: 100%, directly held
Name: Rollomatic Holding SA
City/Country: Le Landeron/NE, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Investments
It is believed that the
company has no investments.
Financials
Balance sheet
publication:
The subject company does
not publish financial figures.
Legal Actions
Control date Year No. Amount CHF Status
10.02.2017 2017 0 Legal actions
31.12.2016 2016 0 Legal actions
31.12.2015 2015 0 Legal actions
31.12.2014 2014 0 Legal actions
31.12.2013 2013 0 Legal actions
31.12.2012 2012 0 Legal actions
31.12.2011 2011 0 Legal actions
31.12.2010 2010 0 Legal actions
31.12.2009 2009 0 Legal actions
31.12.2008 2008 0 Legal actions
31.12.2007 2007 0 Legal actions
01.06.2004 2004 0 Legal actions
31.12.2003 2003 0 Legal actions
31.12.2002 2002 0 Legal actions
No legal actions
determined.
An updated legal action
check is only available against proof of interest. e.g. a copy of an enquiry
letter, and order or invoice relating to the subject company.
Sanctions List
We did not find the company
included on the various international sanctions lists, such as the OFAC (Office
of Foreign Assets Control), the BIS (Bureau of Industry and Security), the European
Union Restrictive measures (sanctions) list, the Export Control Organisation
(ECO) of the UK, the Australian Department of Foreign Affairs and Trade.
Payment experiences
There are irregularities on
record.
Debt collection case:
FEB 2013: CHF 301.00, paid.
Remarks
- The VAT number -
CHE-116.311.819 MWST - is the Group VAT number.
Credit Information
Financial Statements: The company does not disclose any financial
statements. Third parties are not permitted
any insight into the
financial affairs. It is therefore difficult to make a proper assessment of the
actual situation.
Financial Situation: The financial situation is considered to
be in order.
Payment experiences: No Complaints.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 65.45 |
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1 |
INR 93.27 |
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Euro |
1 |
INR 80.74 |
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CHF |
1 |
INR 68.30 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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NIY |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low risk
of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably on
secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.